PrimeWay Federal Credit Union
From Wikipedia, the free encyclopedia
| Company type | Credit union |
|---|---|
| Industry | Financial services |
| Predecessor | Houston Telephone Federal Credit Union |
| Founded | 1937 |
| Headquarters | , |
Number of locations | 6 branches |
| Services | Auto Loans, Business Loans, Checking, Consumer Loans, Credit Cards, Direct Deposit, Financial Planning, Home Equity Loans, Investments, Mortgage Loans, Online Banking, Overdraft Protection, Personal and Business Account Services, Savings, Secured Loans, Personal Loans |
| Website | www |
PrimeWay Federal Credit Union is an American credit union based in Houston, Texas. It is federally insured, federally chartered, and member-owned, not-for-profit financial cooperative.
As of 2020[update], PrimeWay Federal Credit Union served over 48,000 members and managed assets of more than $655 million.[1] PrimeWay Federal Credit Union operates 8 locations in the Houston area .
PrimeWay Federal Credit Union is insured by the National Credit Union Administration (NCUA), is an Equal Housing Lender and a member of the Better Business Bureau.[2]
The credit union was organized in April 1937 as Houston Telephone Federal Credit Union to serve the employees of Southwestern Bell in the Houston area. In April 2003, the name was officially changed to PrimeWay Federal Credit Union. The name change was prompted by credit union growth and diversification of membership.
In 2004, PrimeWay Federal Credit Union was granted a community charter under the National Credit Union Administration (NCUA).